by COINS NEWS - 1 year ago

DeFi has a reputation problem

submitted by /u/EngineeringFinal3419 [link] [comments]

More / Etherum Reddit - 1 year ago

Chain analysis Geolocation MetaData Mosaics Will Probably Be Used To Block US Citizens From DeFi

Where to begin... First, I have included the legal wording in quotation below. If you have skin in the game as a developer and you do not read it, you do so at your own peril. The CFTC just cracked down on three separate derivative defi protocols, d...

Cryptocoins News / The Cointelegraph ​ - 1 year ago

BIS thinks DeFi has no use cases, but CZ is bullish: Finance Redefined

Binance CEO Changpeng Zhao says DeFi will outpace CeFi in the next bull run, but the Bank for International Settlements is skeptical. Welcome to Finance Redefined, you...

Bitcoin News / Bitcoinist - 1 year ago

CFTC Cracks Down On DeFi: ‘Illegal Derivatives Trading’ Lands 3 Protocols In Hot Water

The Commodity Futures Trading Commission (CFTC) intensified its focus on the digital asset decentralized finance (DeFi) space, issuing simultaneous orders against Opyn, ZeroEx, and Deridex, Inc.  The charges stem from allegations of offering illegal...

by COINS NEWS - 1 year ago

DeFi enforcement sparks dissenting opinion from CFTC commissioner

The commissioner advocated public and stakeholder engagement through rulemaking, not just enforcement. United States Commodity Futures Trading Commission (CFTC) Commis...

Cryptocoins News / Finance Magnates - 1 year ago

CFTC Moves against 3 DeFi Platforms, Slaps Heavy Penalties

The Commodity Futures Trading Commission (CFTC) has taken enforcement action against three decentralized finance (DeFi) protocols, Opyn, ZeroEx, and Deridex, by filing and settling charges. California-based Opyn and ZeroEx were fined $250,000 and $20...

Cryptocoins News / The Cointelegraph ​ - 1 year ago

Synthetix DEX launch to join efforts reducing the 'serious friction' in DeFi

Synthetix founder Kain Warwick tells Cointelegraph that Infinex will help reduce friction in DeFi and close the usability gap between DEXs and CEXs. Decentralized deri...

Cryptocoins News / The Cointelegraph ​ - 1 year ago

CTFC cracks down on DeFi protocols Opyn, ZeroEx and Deridex

The commodities regulator handed out fines of $250,000, $200,000, and $100,000, respectively, to the three firms in addition to cease and desist orders. The United Sta...

by COINS NEWS - 1 year ago

CFTC Issues Orders Against Operators of Three DeFi Protocols for Offering Illegal Digital Asset Derivatives Trading

submitted by /u/elidevious [link] [comments]

Bitcoin News / Bitcoinist - 1 year ago

DeFi Oversight: Should Regulators Zoom In On Developers? Top Securities Says Yes

According to Bloomberg, decentralized finance (DeFi) projects operate through automated contracts and are usually helmed by collective entities rather than single individuals. This collaborative nature of governance has often posed challenges for reg...

Cryptocoins News / The Cointelegraph ​ - 1 year ago

‘Pure’ DeFi has little chance for real-world use because of need for oracles: BIS

According to the Bank for International Settlements, a centralized oracle based on trust is the only option for DeFi, and variations of that model do exist. The need...

Bitcoin News / Google News Bitcoin - 1 year ago

Cardano's Challenge: How Bitcoin Spark is Redefining Blockchain ... - Analytics Insight

Cardano's Challenge: How Bitcoin Spark is Redefining Blockchain ...& & Analytics Insight

Bitcoin News / Google News Bitcoin - 1 year ago

Cardano's Challenge: How Bitcoin Spark is Redefining Blockchain Technology - Analytics Insight

Cardano's Challenge: How Bitcoin Spark is Redefining Blockchain Technology& & Analytics Insight

by COINS NEWS - 1 year ago

IRS’s New Crypto Tax Rules Pose A Threat To DeFi

submitted by /u/SolidDelivery4689 [link] [comments]

by COINS NEWS - 1 year ago

DeFi Gambling Protocol GMBL Computer Exploited for 500 ETH, Funds Returned

submitted by /u/Ri4iRi4 [link] [comments]

Bitcoin News / Google News Bitcoin - 1 year ago

Bitcoin Defies Trend as Crypto Funds Experience $342 Million ... - Cryptonews

Bitcoin Defies Trend as Crypto Funds Experience $342 Million ...& & Cryptonews

Bitcoin News / Bitcoin.com - 1 year ago

SmarDex (SDEX): Pioneering New Pathways in DeFi, Strides Towards a Deflationary Token Model, Forging Ahead on ARB, Matic, and BNB Chains

Introduction: Should one venture into the expansive realm of decentralized finance, they may undoubtedly discern a conspicuous and dynamic force creating substantial ripples: SmarDex ($SDEX). This entity does not merely constitute an additional entra...

by COINS NEWS - 1 year ago

Flash loans: a crash course on DeFi's most outlandish, mind-bending, and unnerving invention. If you have the patience for a long read, I believe this will blow your mind.

Disclaimer This is not in any way a recommendation to use flash loans, and certainly not for the attacks with which they are often associated. I just want to explain what they are from a technical and conceptual viewpoint, because they are incredibly...

Cryptocoins News / CoinJournal - 1 year ago

Introducing Dollet: The Future of Multi-Chain Crypto Wallets with DeFi Strategies

Dollet, the revolutionary multi-chain crypto wallet with additional DeFi functionality, is making its grand entrance into the cryptocurrency landscape. This highly-anticipated launch marks a pivotal moment in the world of digital finance, as Dollet r...

More / Etherum Reddit - 1 year ago

Binance DEX, a Multichain Decentralized Exchange goes live, but with a swathe of competitors in the DeFi swaps space, can Binance DEX take on Uniswap?

submitted by /u/UnsteadySolicitation [link] [comments]

by COINS NEWS - 1 year ago

Binance DEX, a Multichain Decentralized Exchange, goes live, but with a swathe of competitors in the DeFi swaps space, can Binance DEX topple Uniswap?

submitted by /u/UnsteadySolicitation [link] [comments]

More / Etherum Reddit - 1 year ago

The title should be "Unleash the power of Ethereum and dive into the DeFi wonderland!

Unleash the Power of Ethereum, I Dive into the DeFi Wonderland! Yo, check it out! Ethereum, the DeFi king, is where it's at if you wanna get in on the action without dealing with those pesky middlemen. All you gotta do is stake some ETH or other...

Bitcoin News / Bitcoinist - 1 year ago

Binance CEO Bullish Prediction: DeFi To Outperform CeFi In Upcoming Market Rally

Binance CEO Changpeng ‘CZ’ Zhao made a confident assertion last July that decentralized finance, commonly referred to as DeFi, is poised to rise above centralized finance, or CeFi, in terms of prominence and significance within the financ...

Cryptocoins News / The Cointelegraph ​ - 1 year ago

Binance CEO CZ forecasts DeFi outgrowing CeFi in the next bull run

Changpeng “CZ” Zhao declares that the cryptocurrency industry will only become better as it becomes more decentralized. Binance CEO Changpeng “CZ” Zhao predicts that d...

Bitcoin News / Bitcoin.com - 1 year ago

Defi Sector Navigates an Extended Crypto Winter: TVL Dips to February 2021 Levels

The realm of decentralized finance (defi) is grappling with the aftermath of the sweeping crypto market slump that marked the close of August. As it stands, the total value locked (TVL) in defi, pegged at $37.59 billion, has plummeted to a low last w...